IS · EuropeJO · Asia

Iceland vs Jordan: tax rates compared

Between the two, Iceland's income tax rate (46.3%) tops Jordan's (30%) by 16.3pp. The 200-country average is 28%: both sit above it. Iceland's figure is dated 2025-01-01 and Jordan's 2026-07-05, so the two rates come from different data vintages.

Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income30%46.3%Corporate20%VAT16%24%Capital Gains0%22%Wealth Tax0%
five shared taxes, side by side
Tax IS JODifference
Income Tax46.3%30%IS +16.3 pp
Corporate Tax20%20%match
VAT24%16%IS +8 pp
Capital Gains Tax22%0%IS +22 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Iceland46.3%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Jordan30%Source: PWC Worldwide Tax Summaries — Jordan (Individual, Taxes on personal income) · as of 2026-07-05
Difference+16.3 ppIceland higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Iceland20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Jordan20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference0 ppdisplayed rates match

There's no gap here — Iceland and Jordan both post a corporate tax rate of 20%. The 201-country average is 22.6%: both sit below it.

VAT

VAT, side by side
CountryRateSource
Iceland24%Source: PWC Worldwide Tax Summaries — Iceland (Corporate, Other taxes) · as of 2026-06-22
Jordan16%Source: PWC Worldwide Tax Summaries — Jordan (Corporate, Other taxes) · as of 2026-07-05
Difference+8 ppIceland higher

Between the two, Iceland's VAT rate (24%) tops Jordan's (16%) by 8pp. The 181-country average is 15%: both sit above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Iceland22%Source: Skatturinn (Iceland Revenue and Customs) — Key rates and amounts 2026 · as of 2026-01-01
Jordan0%Source: PWC Worldwide Tax Summaries — Jordan (Individual, Income determination) · as of 2026-07-05
Difference+22 ppIceland higher

Between the two, Iceland's capital gains tax rate (22%) tops Jordan's (0%) by 22pp. The 175-country average is 10.3%: Iceland sits above it, Jordan sits below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Iceland0%Source: PWC Worldwide Tax Summaries — Iceland (Individual, Other taxes) · as of 2026-06-22
Jordan0%Source: PWC Worldwide Tax Summaries — Jordan (Individual, Other taxes) · as of 2026-07-05
Difference0 ppdisplayed rates match

There's no gap here — Iceland and Jordan both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.